Mortgage rates are falling, but that doesn’t necessarily mean buying a home is about to get cheaper. The 30-year fixed-rate mortgage fell 2 basis points to 6.62% as of April 10, and was down from an average of 6.

This article is not intended to report on the weekly Freddie Mac rate survey, but we'll have to reference it in order to participate in reality. To be fair, Freddie's survey is perfectly real, but it's unfortunately quite stale.

Rates for new 30-year loans moved lower again Thursday, dropping to their cheapest level since mid-March. Rates fell for many other loan types as well.